ECB Meeting preview - EUR/USD technical analysis

Jamie Dutta Faraday Research

ECB Meeting preview by numbers

EUR/USD Technical Daily Analysis

Today’s high has stalled at a retracement line, although a break of it brings the 1.1852 high into focus.

A 38.2% Fibonacci level sits near this high so may provide solid resistance. A break above it would be significant for bulls.

With several bullish pinbars on the weekly chart 1.1510 has proved a tough nut to crack.

Author

Jamie Dutta

Faraday Research

Jamie has vast experience in financial markets, having worked in both top-tier institutions and trading houses. He has traded a variety of different products during his professional career and combines technical analysis with deep

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